High Limit Credit Cards

High Limit Credit CardsWhat are the most suitable 0% high limit credit cards for UK customers in 2017?

High limit credit cards can be defined as those 0% credit cards which offer new credit card customers a high credit limit, when the customer first applies for the new credit card.

Many UK customers are looking for credit cards with high limits, usually for one of following two reasons:-

  • They have a higher existing balance on their current credit card and would like to make a balance transfer to a new credit card and benefit from the 0% introductory offer on balance transfers.
  • They would like to make a high value purchase using the new credit card and benefit from the 0% introductory offer on purchases.

In both of the above cases, a credit card customer will need to be given a high credit card limit to allow the customer to make a higher value balance transfer and/or high value purchase and fully benefit from the introductory 0% rates available for a limited time.

Highest Credit Card Limit UK

Customer looking for a new 0% credit card with the highest credit card limit in the UK are more likely to be successful in obtaining high limit credit cards if they have:-

  • An excellent credit history
  • No recent bad debt problems
  • No recent missed or late payments
  • A low level of overall debt, excluding any mortgage
  • An annual income of around £20,000 or more

Many of the credit card companies will look for a customer to meet all of the above criteria before providing high credit limit credit cards to new customers.

High Limit Credit Cards

With more than 110 UK 0% credit cards currently available, what are the most suitable cards for customers looking for high limit credit cards?

The credit card companies have generally tended to be more cautious with their lending ever since the banking crisis began. This has meant that initial credit card limits have tended to be lower than in the years before the banking crisis began for many customers.

However, we have often seen that some credit card companies can still be more generous with their credit limits than certain other companies.

All of the following featured credit cards, in our experience, are most likely to be suitable for customers looking for UK high limit credit cards:-

0% Credit Card Offers

Balance Transfers:
0% interest for 40 months
Balance Transfer Fee:
2.69%
Purchases:
0% interest for 3 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Tesco Clubcard Credit Card for Balance Transfers*
  • 0% interest for up to 40 months on balance transfers from account opening
  • 2.69% balance transfer fee
  • 0% interest for 3 months on purchases from account opening
  • Earn Clubcard points wherever you use your card, plus your usual points in Tesco. Terms apply
  • The 0% offer is applied to any balances or money transferred within the first 90 days of opening your account
  • Apply online and get a decision within 60 seconds
  • Annual Fee: £0
More Information

Application Criteria

Tesco Clubcard Credit Card for Balance Transfers*
  • You have an annnual income of at least £5,000
  • You are at least 18 years of age
  • You have a good credit history
  • You live in the UK, or have a British Forces Post Office address
  • You do not currently hold more than 1 Tesco Bank Credit Card
  • You have not applied for a Tesco Bank Credit Card in the last month or have an application currently in progress
More Information
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
The APR, length of promotional offer, and credit limit may vary as they are dependent on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for 30 months
Balance Transfer Fee:
2.75%
Purchases:
0% for 30 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Post Office Money Matched Credit Card*
  • 0% for 30 months on balance transfers made within 3 months of account opening
  • 2.75% balance transfer fee
  • 0% on purchases for first 30 months
  • No cash fee when you purchase Post Office Travel Money
  • Manage your account 24/7 with Post Office Money mobile app
  • Annual Fee: £0
More Information

Application Criteria

Post Office Money Matched Credit Card*
  • You are a UK resident
  • You have a bank or building society account
  • You have an annual income of £8,000 or more excluding unemployment benefits
  • You are aged 18 or over
  • You have no county court judgements
  • You must not already hold a Post Office Money Credit Card
More Information
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
Post Office Credit Cards are provided by Bank of Ireland UK. Post Office Limited is a credit broker and not a lender

0% Credit Card Offers

Balance Transfers:
0% for up to 33 months
Balance Transfer Fee:
0.58%
Purchases:
0% for 3 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Lloyds Platinum 33 Month Credit Card*
  • 0% for up to 33 months from account opening on balance transfers
  • 0.58% fee applies (after 2.42% refund) on balance transfers made in first 90 days, 3% fee applies after first 90 days
  • 0% for 3 months from account opening on purchases
  • Lloyds Bank Clicksafe and Internet fraud protection
  • Online servicing with Internet Banking
  • Annual Fee: £0
More Information

Application Criteria

Lloyds Platinum 33 Month Credit Card*
  • You are a UK resident
  • You have had a permanent UK address for 3 years or more
  • You have a good credit rating/history
  • You are aged 18 or over
More Information
£20 cashback on your first balance transfer made within 90 days of account opening
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.94% p.a. (variable)
APR and Promotional periods may vary depending on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for up to 38 months
Balance Transfer Fee:
2.25%
Purchases:
0% for 6 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Halifax 38 Month Credit Card*
  • 0% for up to 38 months from account opening on balance transfers made in first 90 days
  • 2.25% balance transfer fee in first 90 days (after 0.75% refund), 3% fee applies after 90 days
  • 0% for 6 months from account opening on purchases
  • Cover against online fraud when purchasing on the Internet
  • Manage your card online using Online Banking and Mobile Banking
  • Annual Fee: £0
More Information

Application Criteria

Halifax 38 Month Credit Card*
  • You are a UK resident
  • You have a regular income
  • You do not have any Count Court Judgements against you
  • You are aged 18 or over
More Information
2.25% balance transfer fee (after refund) in first 90 days, 3% fee applies after 90 days
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
The APR and length of the promotional offer are dependent on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for 39 months
Balance Transfer Fee:
2.4%
Purchases:
0% for 3 Months
Representative APR:
20.9% APR (variable)
More Information

Credit Card Details

Virgin Money 39 Month Balance Transfer Credit Card*
  • 0% on balance transfers for 39 months from date account opened (20.9% APR thereafter)
  • 2.4% balance transfer fee in first 60 days, 5% fee applies after 60 days
  • 0% on purchases for 3 months from the date your account is opened
  • 0% on money transfers for 39 months from date account opened (20.9% APR thereafter)
  • 3.80% money transfer fee in first 60 days , 5% fee applies after 60 days
  • Contactless payments to quickly and securely pay for purchases up to £30
  • Annual fee for card: None
More Information

Application Criteria

Virgin Money 39 Month Balance Transfer Credit Card*
  • You are a UK resident
  • You have a bank or building society account
  • You have a good credit history
  • You are aged 18 or over
More Information
Representative Example: 20.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 20.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for 6 months
Balance Transfer Fee:
3%
Purchases:
0% for 30 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Halifax 30 Month Purchase Credit Card*
  • 0% for 6 months from account opening on balance transfers within the first 90 days
  • 3% balance transfer fee
  • 0% for first 30 months from account opening on purchases
  • Cover against online fraud when purchasing on the Internet
  • Manage your card online using Online Banking and Mobile Banking
  • Annual Fee: £0
More Information

Application Criteria

Halifax 30 Month Purchase Credit Card*
  • You are a UK resident
  • You have a regular income
  • You do not have any Count Court Judgements against you
  • You are aged 18 or over
More Information
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
The APR and length of the promotional offer are dependent on your personal circumstances

Credit Cards With High Limits

Customers are more likely to be accepted for any of the above high credit limit credit cards when they can successfully meet all of the application criteria that the credit card company is looking for.

It is also important that when a customer is applying for any of the highest credit card limit cards that extra care is taken with the online application forms.

Any mistakes made on the application form are more likely to lead to your application being declined. This failure may then in turn further reduce your prospects of successfully applying for other credit cards with high limits.

Most 0% credit cards in the UK are issued as MasterCard credit cards but high limit credit cards, for example £7000 credit card limits, are available as both Visa and MasterCard issued credit cards. The choice of payment network makes no difference to the credit limit, which is only decided by the credit card company based on their lending criteria.

All of the above UK featured credit cards are high limit credit cards which do not charge a customer any annual fee for use of the card.


Related Content From 0% Credit Card Expert:-

Today on 0% Credit Card Expert there are:-

107 UK 0% credit cards currently avaliable offering:-

  • 0% interest on balance transfers for up to 40 months
  • 0% interest on purchases for up to 32 months